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Home My WebLink AboutThe Goderich Signal-Star, 1987-03-18, Page 60Page 14A C OOP CO-OP THREE STEPS TO MORE PROFITABLE YIELDS Step One Your Co-op representative will show you how their Green Plan 11 computer can determine -the highest economic yield for your farm . _` mob 04 step TWo Co p Seed Cereal Grain Seed Corry Soya Beans Step Three Forage Seed Canoga White Beans Co-op Fertilizer & Chemicals AGRI INANCE® crop input financing available at competitive interest rates LUCKNOW DISTRICT CCS -OP WCKN529-7953 C�mf�rt from the A neat pump moves heat from one location to another. Using this principle, the WaterFurnace"' System transfers heat to and from your home using the earth as an exchange medium. WaterFurnace'Systems supply total home heating, total home cooling and domestic hot water (optional). For each doUar spent on electricity, you receive three dollars worth of heat. Transform your real estate into an energy source triter SYSTEMS The ENERMARK LOAN PLAN financed by the ROYAL BANK offers interest rates below prime In most cases. energy savings with WaterFurnace - Systems will be greater than finance costs - Choose the Leader in Liquid Source Heat Pumps A system that will actually pay you to own ,V e LpAt4 PLAN LEOTC" ECM • F1NaNCED B' THE a ROYAL DANK CI ng Ltd. 528-3913 Projecta1 s farm manag.ers . , -40 YEARS OF NUMBER CRUNCHING- increase over the previous year. The statement that history is only useful it . Among the 54 counties and districts in On - we can profit from it is especially true of tario, nearly- 100 of these 1985 records were farm - records. Effective farm managers , analyzed for Huron County farmers. - -. want to be able to determine their financial . Basis of Classification position at an time. They also want a basis The information presented in the report is for evaluating where the business has been summarized and presented ,by types of and for projecting where the business is go- farms and major enterprise. Records - ing. For 40 years, the Ontario Farm selected are based on the size of the enter - Management Analysis Projeet i OFMAP l prise. and the detail of information provided. _ has aided farm managers in evalnuating the Because of the significant number of , performance. and financial strength of their farms included and because participation i;_ farms. - - _ .voluntary as opposed to a specific random Purpose of. the Project sample of farms, it is felt that the group The OFMAP.' provides individual par- averages are typical. -However, the group ticipants with a report which includes an In- averages are not necessarily representative come Statement, a Balance. Sheet, and a of industry averages. The inclusion of more _ detailed analysis of each of the- enterprises low equity farms i from FCC's Advisory Ser - involved in the farm operation. By averag- vices Section) should be noted since they • ing these -individual reports, thereby pro- will tend to decrease the average equity - viding guidelines for standards of perfor- mance size, productivity, efficiency, etc. i, the OFMAP allows the manager to compare individual actual performance against the performance of others in the same type of business. Thewhole thrust of farm financial management is to have farmers critically review their past and present performance through analysis of their records. The em- phasis is on farmer profitability and better decision making. How Farmers Participate The 1985 report has summarized the -data. simple input folder which is sent to the On- - from 662 Farms. Most agricultural represer� - tario Ministry of. Agriculture and Food and tatives branch staff worked with five- or: University of Guelph computer for a per-_ more individual farmers to provide the in- sonalized printed' report and subsequent. formation' needed. In addition. the Farm group summary. - Credit Corporation provided data from For more information about this no many of their clientele. Incentives- within charge, great opportunity to Iearn more the Red Meat Plan gave extra encourage about what makes your farming operation ment to beef and sheep producers to par- tick, contact Farm ManagementSpecialists- ticipate. In addition. participants in the On- tario Pork Industry Improvement Plan cash crop), Dennis Martin {dairy), OPIIP OPIIP are also eligible -for incentives .to" pork Advisor Andy Sande_or Agricultural -- have 1986 records analyzed. Almost 1'.500 Representative Don •Pullen, at the farms submitted to the 1985- project - a 25% Agricultural Office, Clinton. - - from that of earlier years. Report Availability Copies of the 1985 Ontario Farm Manage- ment Analysis Project report are a' ailable from the Agricultural Office, -Clinton. 198& Farm Records .• Anyone with an interest in seeing "where they stand financially" is encouraged to complete the summary form available from the Agricultural Office, Clinton - January - April,. 1987. Income and expense total from 1986 records are easily transferred to this Grants to curb erosion, run -o The Ontario Ministry of Agriculture and Fond has recently announced a new pro- gram of financial• assistance to help farmers with the cost of needed en- vironmental protection structures on their farms. These new grants will. be a signifi- cant additional. -encouragment to Huron County farmers -in their efforts to reduce. soil erosion and manure runoff. Also, for the first time, the grants include help with the cost of facilities to dispose of milkhouse and parlor washwater, arid the cost of facilities to handle pesticides. The recently announced grant programs replace the previous Ontario Soil Conser- vation . and- Environmental Protection Assistance Program (OSCEPAP-I ). The new program has the same name, but will be called OSCEPAP-II. Along with OSCEPAP-II, the Ontario Ministry "of the Environment is offering enhanced grants for eligible OSCEPAP-II projects in designated watersheds in Southwestern Ontario. Almost all of the County falls within the designated water- sheds.. The enhanced grants apply to manure storages, milkhouse and parlor washwater disposal and to specific soil erosion structures. The soil erosion pro- jects that are eligible for enhanced grants are livestock related projects such as fenc- ing watercourses. - _ The amount of assistance for approved erosion control projects under OSCEPAP- II is 66 2/3 percent to a maximum grant of $10,000. Erosion control projects that are eligible for an M.O.E. enhanced grant will automatically receive the - additional grant. It will be calculated at 75 -percent of eligible costs less the basic OSCEPAP-II grant up to a maximum additional $4,500. The amount of- assistance for approved manure storages. milkhouse and parlor washwater disposal and pesticide handling facilities under OSCEPAP-II is 40 percent to a maximum grant of $7,500. Projects eligible for an M.O.E. enhanced grant will automatically receive the additional _ grant. It will be calculated at 40 -percent of eligible costs less the basic OSCEPAP-IL grant up to, a maximum additional of - $5,000. Pesticide handling facilities are not. covered by the enhanced grant. Eligible. grants .under OSCEPAP-II are not reduced by gants previously paid under OSCEPAP-I. Everyone is starting again with a clean slate. -New project proposal forms are . Available from the Huron County office. Our goal is to have Huron Countyap- plicants file a project proposal before con- - struction. So if you, are thinking -about. a. project, do not hesitate to contact -the of- fice and complete a project proposal form: This is the time to make sure your pro • - ject is eligible - not after it is built. You canobtain details on. all of the- re- - quirements for eligible projects and you can discuss alternative solutions to pro- blems that you have by contacting the. Clinton OMAF bffice before completing Your plans. - Promotion .in fifth year • from page 12A . the lid on 4nput costs," Scott added. "Plus, .- it's early enough in -the season that farmers will have the best chance to get the hybrids and seed sizes they desire." Scott said farmers purchasip10 or more • units of eed or inoculant during; Pioneer Days will also receive a spring -jacket. Pioneer Days are open to the entire farin- ing community and held by participatirig, Pioneer Sales Representatives. -